News

Domino's Pizza buys back 5.6 MM shares from Bain

March 12, 2006

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ANN ARBOR, Mich.—Domino's Pizzahas repurchased and retired approximately 5.6 million shares of its common stock from investment funds associated with Bain Capital, the investment group which bought the company from founder Tom Monaghan in 1998.

According to a news release, the $145 million transaction reduced Bain's common stock holdings in Domino's from 34 percent to 28 percent.

Domino's estimates repurchase will increase its 2006 earnings per share by approximately 6 cents for the remainder of 2006.